CleanTechnica•2 months ago
Most U.S. Public Pensions Underuse Proxy Voting to Manage Climate Risk, New Report Finds
- •A new Sierra Club report (third annual) evaluates 33 of the largest U.S. public pension funds on their climate risk management via proxy voting.
- •The report finds that most public pensions are failing to adequately manage climate-related investment risks through their proxy voting practices.
- •This indicates increasing scrutiny and pressure from institutional investors on companies, including those in the energy sector, to address climate change in their business strategies.
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